This is an IT support group | VP/AVP, Reseach

1 week ago


Singapore This is an IT support group Full time

Responsibilities
Provide assurance on regulatory compliance, accuracy, and completeness over DTCC reporting by performing independent validation of report submissions (frequency to be aligned to QA policies if any e.g. monthly, quarterly).
Detect anomalies if any across (sub)asset classes and lifecycle events.
By performing validation checks (sampled over several days to reconcile across multiple lifecycle events), candidate will:
Perform process reviews on the reporting process i.e. review if controls are properly designed to mitigate the specific risk identified in the reporting process and checks for documentation / formalization by 1LOD.
Check if controls are carried out effectively i.e. being performed properly as described / documented.
Trace sample trades in source system to reporting system to confirm mapping is in accordance with regulatory expectation.
Review the timeliness of submissions.
Temporarily support the advice to relevant stakeholders when corresponding with MAS on submission matters; support the definition of reporting requirements and changes to business requirement documents (these primarily will be assumed by 1LOD function once ready).
Requirements
Commercial experience in wholesale bank / full bank.
Prior experience in audit exposure over DTCC reporting will be advantageous.
Prior experience in regulatory reporting in DTCC will be considered.
University degree in Accountancy or Chartered Accountancy, MAS regulatory reporting exposure.
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